#MarketSentimentToday $BTC

Remember we JUST had the halving.

After the Bitcoin halving event, the supply of new bitcoins entering circulation reduces by half.

Historically, this has been followed by a period of increased demand and upward price movement due to the decreased supply and potentially increased scarcity.

However, market reactions can vary, and factors such as investor sentiment, adoption trends, and macroeconomic conditions also influence Bitcoin's price movements post-halving.